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/biz/ - Business & Finance

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14400167 No.14400167 [Reply] [Original]

It's getting darker again
Maybe suicide IS a solution after all
100k to 900k to 40k (took a loan)

>> No.14400220

So you had 900k which is more than enough to live a comfy life in a thirdworld country.
Jee you could've started a bussiness

>> No.14400265

>>14400220
I know
Now i am in debt
And i dont have a job and failed uni.
Also recently became a boomer.
Tfw

>> No.14400485

>>14400265
What was they coin that you invested in?
>t. newfag

>> No.14400492
File: 1.43 MB, 1280x720, Sayori_After_Story_2018-02-04_20-41-41.png [View same] [iqdb] [saucenao] [google]
14400492

>>14400167
Time to hang out with Sayori!

>> No.14400525

holy shit OP how did you go from 900k to 40k? Did you lose 860k or am I understanding you wrong

>> No.14400543

>>14400485
Sounds like the nano pump n dump.
I remember riding that wave, at one point I had 140k, I realized how retarded I was before it was too late and sold on the way down cashing out around 30k which was more than my initial investment. If I “held” like every other redditard I would have less than 5k now.

>> No.14400550

>>14400265
dumb people dont deserve money and a good life.

>> No.14400560

Tips to avoid this for other speculators:

It is wise to sell to regain some, if not all, of your initial invest amount when you’ve made some profits. Then you’re playing with only profits and can’t go below where you started.

Example:
invest $1,000. The price rises and now you have $1,200 worth. Sell $1,000, leaving you with only $200 at risk. You should especially do this if you have to pay back a loan or are on margin!

Also need to cut losses at a predetermined point before they get too big. You should decide your exit before you buy in, and stick to it.

This is trading 101 folks.

This is the only way to sleep comfy at night and not end up like OP.

>> No.14400567

>>14400525
He listened to /biz/.

>> No.14400603

>>14400560
Thanks for the advice can I send you $50 paypal pls?

>> No.14400620

>>14400567
To be honest, at that point /biz/ was 50% pajeets shilling retarded scamcoins, 25% discord trannys p n dumping, 20% normie moonbois from reddit. It was very hard to understand what was happening.

>> No.14400633

>>14400265
Get a job and depending on your income and loan amount, maybe consider filing for bankruptcy.

Also eliminate your exposure to media and luxury lifestyle get rich bullshit. Chasing that is how you ended up this way. Don’t fall for the luxury trap, it will only make you unhappy.

>> No.14400684

>>14400633
Hey can I please send you $50

>> No.14400693

>>14400603
You keep that and put it towards a nice pair of shoes.

>> No.14400768

>>14400693
Okay thanks master!

>> No.14400780

>>14400220
>900k
You can retire anywhere in Latin America with $200K and get a decent wife with a good chance of giving you white-looking kids.

>> No.14400809

>>14400167
Idiots like you always make me feel better about how little i've lost in comparison.

>> No.14400819

>>14400780
I suppose that Op had a different dream, i.e. becoming a millionare in the first world.

>> No.14400950

>>14400819
You can retire in Angola, Namibia and South Africa with even less than $200K, if what you want you want is a first world country.

>> No.14401210

>>14400809
>>14400633
>>14400550
>>14400492

The new listed stuff wrecked me.
I didnt hodl but i bought stuff like NAS , lost all on cryptopia, some stuff like bitclave exit scammed
Worst decision of my life and literally maybe one of the last big ones

>> No.14401470

So what are you holding now?

>> No.14401560

>>14400265
Hide everything declare bankruptcy?

>> No.14401622

>>14400560
>Also need to cut losses at a predetermined point before they get too big

Stop losses are for pussies.

>> No.14401900

>>14400220
t.never had to live in a third world country
I had the displeasure to move from Europe to Brazil once for a few years and I would rather be middle class in a first world country than a upper class in some shithole. In fact I would go as far as saying that middle class in a first world country have it much better.

>> No.14402347

>>14401470
Lisk, Neo, Nebulas etc.
The typical top 100 boomer coins

>> No.14402430

>>14400633
Is it possible that i fill bankruptcy and just move out, hoping there is an altseason soon?

>> No.14402449

>>14400167

what was the loan and when did you take it?

>> No.14403406

>>14402449
2017
i rather dont tell
just promise me an altseason
damn how could WAVE be worth less than LINK
tfw

>> No.14403545

>>14400780
Where do you guys oome up with this bs.youd last 10 years at the most in latin american with 200k.

>> No.14403659

>>14403406

funny you mention wave

anyway gl

>> No.14403707

>>14400543
For any newfags that don't know yet, I want to emphasize holding is a fucking meme. Pretty much every coin except BTC (and maybe ETH, we don't know yet) sees one big pump. Buy low (under 100m marketcap) get a 5x and fucking dump your bags. Suicide stack of LINK is ok too.

>> No.14403709

>>14403545
I'm latin american and my salary is 500 USD monthly a month and I live pretty well. If you have 200k, keep investing and have some small income, you're set.

>> No.14403765

>>14403709
Not including rent you arnt.what part of latin america are you living for 6k usd a year and not living like a 3rd worlder?About the cheapest place in the world is india and even there youd need 14k a year or so.

>> No.14403811

>>14403765
Rent is about 150 USD monthly. Or you can just buy a small apt for 50k USD.

>> No.14403847

>>14403811
I suspect what you class as pretty well most here class as living poorly.No offence.

>> No.14403900

Those nomad prices are basically minimum for westerners to survive on.

https://nomadlist.com/latin-america

>> No.14403924

>>14401900
I don't know, man, I moved from the Philippines, a first world country, to Switzerland, a third world one, and it was an upgrade.

>> No.14404402

>>14403545
>>14403765
>>14403847
>>14403900
I can see from how you write and what you use for reference that you are stupid, so I will be nice and give you a free lesson.
1-) You can make 6%/y above inflation in most of Latin America simply by renting property in the city where you live.
2-) You can easily buy properties with values from $2000 (literal garbage hut at slum) to $1000000 (penthouses in major capitals) for what they are worth.
3-) With a liquid income of $12000/year you will be basically making two times of the average liquid salary in most countries.
4-) There are no heating costs and other bullshit problems. You will spend $50 for electricity, $50 for phone+internet, $350 for renting an apartment (gas, water and water included) and that is it.
5-) Through most of Latin America you will find all-that-you-can-eat steakhouses for less than $10.
6-) Hookers start at $10 and pretty much top at $60.

>b-b-bu-but muh quality of life...
Your owners (EU / USA federal government/etc...) want you to think that you can only be happy where you live.
It is true that the USA is an amazing place to make money, but I will let you in a little secret, when you ignore Mexico, it is a fairly common practice for educated latinos to go the USA, work 10-15 years while they invest their money back home and then just return for retirement, while "el patron" lives in perpetual debt through a lifetime.

>> No.14404459

>>14400167
lolo

>> No.14404489

>>14404402
Again, this is livng like a third worlder.I can tell by the way you write and what you use for reference that you are used to living in poverty.

>> No.14404518

>>14404402
this is quite accurate

>> No.14404553

>>14404489
By all means, go ahead and tell us about your lavish current lifestyle, so we can burn with envy.
(By the way, you should look for a fancy private tutor to teach you what fist and third world actually mean.)

>> No.14404760

>>14404553
Lavish by your standards, normal for us first worlders.Not stuck in some tiny run down apartment worrying about air conditioning or 10 dollar “all you can eat steakhouses” while thinking im cool because im an “educated latino”.

>> No.14404811

>>14400167
stop taking loans, pleb. or at least take one at $3k.

buy SNTVT and wait a few months FFS. keep your greasy hands off the keyboard.

>> No.14405009

>>14404760
The cope is real.

>tiny run down apartment
Mentioned cost will get you about 50m2 in most cities, assuming that you want good location. I suppose that 50m2 might be tiny if you have two times the expected mass of a healthy human male.
>worrying about air conditioning
Included in electricity bill, which would be more like $20 without it.
>10 dollar “all you can eat steakhouses”
The last time that I was in Europe I saw people paying five times this price for inferior goods and service, so yeah, I will take what we got here.

I am still waiting for examples of your superior quality of life.

>> No.14405073

>>14400167
40k is a super solid base to get back to 100 k. Play it save until then pls.